Extended Austin Mortgage Rate Lock with Exclusive Float Down Option

Know the Advantages

With the long term Austin mortgage rate lock option, you can lock your Austin mortgage rate up to 180 days. You can take advantage of the current low Austin mortgage rates now and save on your mortgage. For example, if a home is still being built and you don’t want to miss out on today’s low Austin mortgage rates, you can extend your lock for up to 180 days.

Add the Float Down Option

Apply our Float Down Option and you can lower your long term mortgage rate lock even more! This gives you a great advantage on getting the rate you want and save on mortgage payments.

Float Down Details

  • PrimeLending provides a Float Down Option on most Conventional and Government Loan Programs.
  • Float Down available 4 to 20 days prior to closing.
  • Float Down improvement applied to Interest Rate only and is based on initial lock period.
  • Fee reduction is not permitted.
  • Maximum Float Down is .375% less than the locked in rate.

Lock Period

Upfront Fees*

90 Days
0.5%
120 Days
1.0%
150 Days
1.0%
180 Days
1.0%
*This cost is refunded when the loan is closed with PrimeLending.

Please contact Max Leaman for details on the PrimeLending Float Down for Austin mortgage rates: call (512) 293-1239 or email maxl@primelending.com!

About Max Leaman Austin Mortgage

GREAT RATES, LOW FEES, CLOSE ON TIME™ ---- 2012 Ranked #1 Austin Residential Mortgage Lender (Austin Business Journal) 2010, 2011 & 2012 Five Star Professional (Texas Monthly) 2009, 2010, 2011, 2012, 2013 PrimeLending Chairman's Circle Award 2009, 2010, 2011, 2012 Scotsman Guide Top Originator (Top 200 Mortgage Professionals in U.S.A.) Better Business Bureau "A+ Rating" National Lender Rankings (Scotsman Guide): Top Purchase Volume (No. 10) Most Loans Closed (No. 32) Top Dollar Volume (No. 88)

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